AppLovin Joins S&P 500 as Cramer Hails Stock’s Strong Growth Momentum

Group 1 - AppLovin Corporation (NASDAQ:APP) has been included in the S&P 500 index, which is expected to enhance its market visibility and investor interest [2][4] - For Q2 2025, AppLovin reported a revenue of $1.26 billion, reflecting a year-on-year growth of 16.5%, although it slightly missed analyst estimates by 1.2% [2] - The company's earnings per share (EPS) of $2.39 exceeded analyst expectations by 20.4%, contributing to a positive outlook for the stock [2] Group 2 - Jim Cramer has highlighted AppLovin as one of the stocks with strong growth momentum, indicating confidence in its future performance [3][4] - The company has garnered attention from hedge funds, with 109 hedge funds reported to have ownership stakes in AppLovin, suggesting significant confidence in its growth prospects [4] - AppLovin, founded in 2012 and based in Palo Alto, California, specializes in providing a software platform and AI-powered solutions for mobile app developers [5]